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Updated over 4 years ago,

User Stats

14
Posts
3
Votes
Josh Lang
  • Rental Property Investor
  • Pittsburgh
3
Votes |
14
Posts

Does anyone out their get paid to analyze deals?

Josh Lang
  • Rental Property Investor
  • Pittsburgh
Posted

I recently just closed on my first rental property investment. Alot of the BP podcasts talk extensively about the importance of honing in on your niche and partnering up with others to do things your not as good at.... During the process I got absolutely hooked on analyzing properties to determine if they would be good opportunities and if not determining at what price they would be good opportunities based on rental rates/comps in the area. I did some extensive analysis (without getting into paralysis!) and statistical projections in excel along with some more qualitative analysis once I had a short list developed (all based on the BiggerPockets body of knowledge!) I was able to use this to hone in on three potential properties that all made sense on paper at various prices and rent rates(one of which I ended up getting a  20% under list price cash flowing deal in a hot local market) 

I do alot of side work as a tech engineer completing small freelance projects using sites like UpWork that I can do in my spare time as needed. I am not able to jump right into my second deal just yet so for the time being I would love to keep the wheels turning and help others analyze deals in a similar freelance type fashion to really hone my skills further. I understand wholesalers do alot of this but with my current schedule I don't have the time and resources to get into wholesale deals just yet

I am curious if their any non-wholesalers out there with a similar knack for the "analysis" portion of things that have been able to make some small side money doing freelance type deal analysis for other investors? If so, do you have any tips for getting your name out there? 

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